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HMRC moves to put Rangers into administration


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The end of The Rangers Football Club plc is a massive victory? :confused:

 

The future of Rangers is no place for being a smart arse , no one is happy with this but ever since it became apparent the tax bill was upwards of £50 million , today has been an inevitability , at least we may have a future , if HMRC had won the administrator arguement , Liquidation was a near certainty , now its possibly no more than 30%

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David Grier of Duff & Phelps will now lead the way: http://www.mcr.uk.com/person.html?id=43

 

From his bio :

 

David specialises in leading change and delivering non-insolvency business turnaround solutions. He has spent more than 21 years working within a number of the UK\'s largest financial institutions, including roles as lead director of multi-discipline teams.

 

I hope beyond all hope that the piece in bold holds true in this process.....

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